Blockchain Group (France) Probability of Future Stock Price Finishing Under 0.28
| ALTBG Stock | 0.28 0.01 3.45% |
Blockchain |
Blockchain Group Target Price Odds to finish below 0.28
The tendency of Blockchain Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 0.28 | 90 days | 0.28 | roughly 97.0 |
Based on a normal probability distribution, the odds of Blockchain Group to move below current price in 90 days from now is roughly 97.0 (This Blockchain Group SA probability density function shows the probability of Blockchain Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Blockchain Group SA has a beta of -0.96. This suggests Moreover Blockchain Group SA has an alpha of 1.2823, implying that it can generate a 1.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Blockchain Group Price Density |
| Price |
Predictive Modules for Blockchain Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Blockchain Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Blockchain Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Blockchain Group is not an exception. The market had few large corrections towards the Blockchain Group's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Blockchain Group SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Blockchain Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.28 | |
β | Beta against Dow Jones | -0.96 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | 0.13 |
Blockchain Group Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Blockchain Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Blockchain Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Blockchain Group is way too risky over 90 days horizon | |
| Blockchain Group has some characteristics of a very speculative penny stock | |
| Blockchain Group appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 15.82 M. Net Loss for the year was (516.47 K) with loss before overhead, payroll, taxes, and interest of (777 K). | |
| About 14.0% of the company shares are held by company insiders |
Blockchain Group Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Blockchain Stock often depends not only on the future outlook of the current and potential Blockchain Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Blockchain Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.2 M | |
| Cash And Short Term Investments | 3.2 M |
Blockchain Group Technical Analysis
Blockchain Group's future price can be derived by breaking down and analyzing its technical indicators over time. Blockchain Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Blockchain Group SA. In general, you should focus on analyzing Blockchain Stock price patterns and their correlations with different microeconomic environments and drivers.
Blockchain Group Predictive Forecast Models
Blockchain Group's time-series forecasting models is one of many Blockchain Group's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Blockchain Group's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Blockchain Group
Checking the ongoing alerts about Blockchain Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Blockchain Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Blockchain Group is way too risky over 90 days horizon | |
| Blockchain Group has some characteristics of a very speculative penny stock | |
| Blockchain Group appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 15.82 M. Net Loss for the year was (516.47 K) with loss before overhead, payroll, taxes, and interest of (777 K). | |
| About 14.0% of the company shares are held by company insiders |
Additional Tools for Blockchain Stock Analysis
When running Blockchain Group's price analysis, check to measure Blockchain Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blockchain Group is operating at the current time. Most of Blockchain Group's value examination focuses on studying past and present price action to predict the probability of Blockchain Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blockchain Group's price. Additionally, you may evaluate how the addition of Blockchain Group to your portfolios can decrease your overall portfolio volatility.